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Reuters: JPMorgan in talks to raise Bear Stearns bid

Started by chris, March 24, 2008, 02:01:02 PM

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chris

JPMorgan in talks to raise Bear Stearns bid
      


NEW YORK (Reuters) - JPMorgan Chase & Co is in talks to raise its takeover offer for Bear Stearns Cos to about $10 a share in an effort to appease Bear shareholders angry with the cut-rate deal, a person briefed on the discussions said on Monday.
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